QRG Capital Management Inc. Decreases Holdings in iShares U.S. Small Cap Equity Factor ETF $SMLF

QRG Capital Management Inc. trimmed its stake in shares of iShares U.S. Small Cap Equity Factor ETF (NYSEARCA:SMLF) by 8.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,453 shares of the company’s stock after selling 678 shares during the period. QRG Capital Management Inc.’s holdings in iShares U.S. Small Cap Equity Factor ETF were worth $506,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Spire Wealth Management purchased a new position in iShares U.S. Small Cap Equity Factor ETF during the first quarter valued at $28,000. HighTower Advisors LLC lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 14.7% during the first quarter. HighTower Advisors LLC now owns 3,579 shares of the company’s stock valued at $222,000 after purchasing an additional 459 shares in the last quarter. LifeGoal Wealth Advisors lifted its holdings in iShares U.S. Small Cap Equity Factor ETF by 1.5% during the second quarter. LifeGoal Wealth Advisors now owns 31,930 shares of the company’s stock valued at $2,170,000 after purchasing an additional 482 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in shares of iShares U.S. Small Cap Equity Factor ETF in the first quarter valued at about $35,000. Finally, Park Avenue Securities LLC raised its position in shares of iShares U.S. Small Cap Equity Factor ETF by 12.6% in the second quarter. Park Avenue Securities LLC now owns 5,958 shares of the company’s stock valued at $405,000 after buying an additional 669 shares during the last quarter.

iShares U.S. Small Cap Equity Factor ETF Stock Down 3.4%

Shares of NYSEARCA SMLF opened at $71.90 on Friday. The firm has a 50-day simple moving average of $72.94 and a 200-day simple moving average of $67.55. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 17.17 and a beta of 1.10. iShares U.S. Small Cap Equity Factor ETF has a 52 week low of $53.39 and a 52 week high of $75.86.

iShares U.S. Small Cap Equity Factor ETF Company Profile

The iShares MSCI USA Small-Cap Multifactor ETF (SMLF) is an exchange-traded fund that is based on the STOXX U.S. SmallCap Equity Factor index. The fund tracks an index of small-cap US equities. Stocks are selected and weighted to increase exposure to four factors (quality, value, momentum, and low volatility).